Guaranteed by the Recovery Growth of Railway Passenger Flow, Mega-info Media Develops Simultaneously at the First and Second Curves

With the stable and upward social and economic development, the national railway passenger flow has shown a recovery growth trend. With the growth of railway passenger flow, the development of the second curve business, and the expansion of AI digital content production, Mega-info Media (301102.SZ)-the “first stock of China's high-speed railway digital media” will enjoy the benefits and develop rapidly.

On July 9, China Railway Group released data that China saw 1.77 billion passenger trips by railway in the first half of this year, with a rapid increase in number of dispatched passengers in the second quarter. This figure increased by 7.6%, 5.6%, and 4.8% respectively in April, May and June of the second quarter compared with the same period in 2019.

Meanwhile, the railway summer transportation in 2023 was fully launched on July 1. It is estimated that the Yangtze River Delta will see 150 million passenger trips, with an increase of more than 10 million passenger trips and an increase rate of more than 7% compared with the same period in 2019. The passenger trips will set a new historical high this summer; it is estimated that 105 million passenger trips will be made by the railway of Guangzhou Railway Group, with the average daily 1.694 million passenger trips, and the number of dispatched passengers has basically recovered to the same period in 2019.

The market analysis shows that a clear upward turning point has appeared in China’s railway passenger transportation, and it is expected the passengers dispatch will continuously exceed the expectations throughout the year.

With the rapid development in the dual tracks of digital media resources and digital content, Mega-info Media empowered by digital technology will become more powerful by deep integration of data, technology, scenes, content, and other aspects. Particularly, based on the AI technology, Mega-info Media creates the large screens linkage with the AI technology to better broadcast the contents intelligently. The programmed purchase, etc. is based on the customers’ dynamic demands, meeting the trend of digitization and intelligence. Mega-info Media will have an enormous business growth space.